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Jun 13, 2012
06/12
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but business has made a lot of money under obama. i'll give you the last word. >> it's like jim says. first of all, there was no place to go but up starting in 2008. secondly, look at the amount of money that was poured in. so, yes, it came back up. but from a low level and for the reasons that were just cited. i have to believe that all of the businessmen i talked to are worried about this administration, worried about where the country is going. they are solidly behind the republican party. >> sorry to stop you. jim lacamp and bob lutz, thank you very much. thanks for watching this evening. we'll be right back tomorrow. we have discussions about obamacare and see what it means for business. >> announcer: washington to wall street is sponsored by charles schwab. tdd#: 1-800-345-2550 like a lot of things, the market has changed, tdd#: 1-800-345-2550 and your plans probably have too. tdd#: 1-800-345-2550 so those old investments might not sound so hot today. tdd#: 1-800-345-2550 at charles schwab, we'll give you personalized recommend
but business has made a lot of money under obama. i'll give you the last word. >> it's like jim says. first of all, there was no place to go but up starting in 2008. secondly, look at the amount of money that was poured in. so, yes, it came back up. but from a low level and for the reasons that were just cited. i have to believe that all of the businessmen i talked to are worried about this administration, worried about where the country is going. they are solidly behind the republican...
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Apr 18, 2012
04/12
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. >>> call it obama's war on business. it's bad to the bone, and let's count some of the ways. first up, obamacare's tax and regulatory mandates on business have discouraged hiring. sect, the buffett rule. nothing more than a tax attack on investors. soaking the rich by taxing success. it's another way of taking capital off the table instead of putting it to work. fourth, tax war against american oil and gas companies. a complete disincentive to produce and drill. lastly, taxing the foreign earnings of u.s. companies that keep capital overseas there are other issues, but that's quite a list right there. so the question is have the president's policies contributed to what our next guest calls the worst recovery in history. here now is distinguished stanford economics university ed lazear. he is former president council. the worst economic recovery in history. is it because of the tax and revenue issues, or is there other stuff at work? >> well, that's a tough question. i think there are people who think this was obviously a very
. >>> call it obama's war on business. it's bad to the bone, and let's count some of the ways. first up, obamacare's tax and regulatory mandates on business have discouraged hiring. sect, the buffett rule. nothing more than a tax attack on investors. soaking the rich by taxing success. it's another way of taking capital off the table instead of putting it to work. fourth, tax war against american oil and gas companies. a complete disincentive to produce and drill. lastly, taxing the...
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May 23, 2012
05/12
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of private equity and of business. >> sadly president obama has decided to attack success. it's no wonder so many of his own supporters are calling him to stop this war on job creators. make no mistake, when i'm president, you won't wake up every day and wonder if the president is on your side. >> is the private equity industry itself noticing it is suddenly in the headlines here? yes, it is. in fact, representatives of the industry taking to tv today to defend the industry. take a listen to that as well. >> the cornerstone of what we do is growing companies. we can't make returns unless we grow our companies. that's just fundamental to what we do. >> so what's going on here, michelle? this is classic presidential election year strategy. you take a perceived strength of your opponent, in this case mitt romney's business career and his calling card to reform the american economy, and you question it, criticize it and try to wear it down as a strength. this if anything can be seen i think as the swift boating of bain capital and something the romney campaign will have to weat
of private equity and of business. >> sadly president obama has decided to attack success. it's no wonder so many of his own supporters are calling him to stop this war on job creators. make no mistake, when i'm president, you won't wake up every day and wonder if the president is on your side. >> is the private equity industry itself noticing it is suddenly in the headlines here? yes, it is. in fact, representatives of the industry taking to tv today to defend the industry. take a...
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Sep 24, 2012
09/12
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i'm very upset by this pledging allegiance to obama business. i think that that's the beginning of the end of our country if people fall for that. >> so what if romney wins? what if romney wins? do they disappear for a while, or is it just a little bit of a respite and they come right back out of the woodwork? >> well, they certainly didn't disappear with george w. bush. i mean, they were ruthless, so i don't think they are going to disappear. i just -- i just pray we do win. i pray romney does win. >> okay. if i put romney right in with you right now, what advice would you give him? okay. looked a little shaky lately. the polls are still close though. he seems to be coming back with my kind of supply side tax cut package. what would you say? >> to romney? >> right now. >> i've had him on my show and he has a spark. he has -- i was asking some elementary questions. he has a reagan quality about him, and if he could just hone in on that a little bit. just trust his charisma and his ability to really nurture the american people, and if people can
i'm very upset by this pledging allegiance to obama business. i think that that's the beginning of the end of our country if people fall for that. >> so what if romney wins? what if romney wins? do they disappear for a while, or is it just a little bit of a respite and they come right back out of the woodwork? >> well, they certainly didn't disappear with george w. bush. i mean, they were ruthless, so i don't think they are going to disappear. i just -- i just pray we do win. i pray...
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Apr 18, 2012
04/12
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obama has not been friendly to business. >> i agree with that. >> am i being unfair? businesses react to this stuff, don't they? >> i definitely think that as i look to the future, i see trade policy hasn't been conducive to business growth. tax policy surely has not been conducive to business growth. regulatory policy has not been conducive to business growth. and the fact that we have this enormous growth in government and a very serious budget crisis coming in the future is also not conducive to business growth. so i would say all of those things are consistent with your views. it's certainly the view that i've had. i think we have not gone down the right path. we shouldn't have focused on the short run. we should have focused on these long-term positive factors that affect long-term economic growth. that's what we know. >> maybe investors in the stock market are telling us there is going to be some policy changes coming. that's a possibility. i have to leave there it. ed lazear, thank you very much. great to see you. >> thank you. >>> next up on "kudlow," we look
obama has not been friendly to business. >> i agree with that. >> am i being unfair? businesses react to this stuff, don't they? >> i definitely think that as i look to the future, i see trade policy hasn't been conducive to business growth. tax policy surely has not been conducive to business growth. regulatory policy has not been conducive to business growth. and the fact that we have this enormous growth in government and a very serious budget crisis coming in the future is...
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May 10, 2012
05/12
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it is all sorts of people worried about starting businesses. >> i think it's the obama administration's anti-business syndrome. i think that's at the root of this. and i think people should take a careful look at all of these add-ones. matt lewis, thank you for helping us. >>> now, let's turn back to other news stories. cnbc's brian shactman joins us with the latest on jpmorgan after hours and all the latest breaking headlines coming into the cnbc newsroom. good evening, brian. >> thank you very much. let's take a quick look at the after hours chart of jpmorgan. it's now down slightly less than 7% and futures overall are down on the jpm news. i want to get to other stories, though. the next stop on the yahoo controversy train or train reck. ceo scott thompson told a meeting of executives that he never provided his resume to the company meaning, perhaps, he himself didn't provide incorrect information. every day we say it, stay tuned on this story. >>> also, arena pharmaceutical going through the ringer right now. up 88% after hours as an fda panel votes to approve the obesity drug bring
it is all sorts of people worried about starting businesses. >> i think it's the obama administration's anti-business syndrome. i think that's at the root of this. and i think people should take a careful look at all of these add-ones. matt lewis, thank you for helping us. >>> now, let's turn back to other news stories. cnbc's brian shactman joins us with the latest on jpmorgan after hours and all the latest breaking headlines coming into the cnbc newsroom. good evening, brian....
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Jul 16, 2012
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jennifer, i want to focus on the obama anti-business story. it's really a terrible story. it shows me economic illiteracy. the guy doesn't understand profits. he doesn't understand thomas edison, steve jobs. he doesn't understand bill gates. why the heck would a president say the things he said? >> you've got me. even if he thought it was true why say it? my goodness. you have been talking and others have been talking about the rotten economic indicators. part of it is the expectation that this president will whack everybody with more taxes. there is more regulation, more strangulation of business. more bad mouthing of business in this administration than any other administration in history. clinton never would have said this and he presided over a prosperous time in america. this is nuts. it's bad police station, bad economics. i don't know who he's appealing to. what people in america think business people don't deserve their riches and don't deserve to get ahead along with the rest of us? >> here's the money line, dave. i want to read it again. quote, if you've got a bu
jennifer, i want to focus on the obama anti-business story. it's really a terrible story. it shows me economic illiteracy. the guy doesn't understand profits. he doesn't understand thomas edison, steve jobs. he doesn't understand bill gates. why the heck would a president say the things he said? >> you've got me. even if he thought it was true why say it? my goodness. you have been talking and others have been talking about the rotten economic indicators. part of it is the expectation...
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Jul 17, 2012
07/12
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president obama insulting business. mitt romney fires back. >> i'm convinced he wants americans to be ashamed of success. >> this comes as john sinunu makes headlines for this call, quote, i wish this president would learn how to be an american. my special guest this evening to expand on his remarks. but first up, let's turn to bernanke's testimony on capitol hill. take a listen to this. >> we've got what i call in spite of recovery. this is a recovery in spite of what obama has done. >> but only a part of this loss of momentum in job creation. these forecasts are lower than the ones we made in january, the reduction in the unemployment rate seems likely to be frustratingly slow. indeed, the forecast now has the unemployment rate at 7% or higher at the end of the 2014. >> wow. 7% or higher at the end of 2014. this, of course, being the middle of 2012. now, here's just one chart from the data point today. you can see how this thing has come way down. this has slowed. it's not as bad as it was with retail sales last night
president obama insulting business. mitt romney fires back. >> i'm convinced he wants americans to be ashamed of success. >> this comes as john sinunu makes headlines for this call, quote, i wish this president would learn how to be an american. my special guest this evening to expand on his remarks. but first up, let's turn to bernanke's testimony on capitol hill. take a listen to this. >> we've got what i call in spite of recovery. this is a recovery in spite of what obama...
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Jul 19, 2012
07/12
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what barack obama said about business in the last few days. markets are realizing. people aren't reacting well to that. lit up the internet. when you get little bits of news that this guy might be in trouble, markets take comfort from it. >> oh, bad news for obama is good news for the stock market. is that what you are saying? >> that's the bottom line. people know he's bad for growth. he doesn't like business. he made that clear. business people have no impact on the success of their businesses. entrepreneurs don't matter anymore. people take great offense at that. the american people are not envious. they know individuals make things happen. that's what this economy is about. that's what the american dream is all about. >> a democratic poll like the cbs new york times poll coming out showing obama with a 16% loss of the economic approval, that actually is bullish. that might have been the turning point for stocks today. >> could have been. the fact that his ratings are going down, it's not just the bad economy. i think it's his feelings that he doesn't believe ent
what barack obama said about business in the last few days. markets are realizing. people aren't reacting well to that. lit up the internet. when you get little bits of news that this guy might be in trouble, markets take comfort from it. >> oh, bad news for obama is good news for the stock market. is that what you are saying? >> that's the bottom line. people know he's bad for growth. he doesn't like business. he made that clear. business people have no impact on the success of...
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Aug 16, 2012
08/12
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he tells us exclusively how he'll go to prison because of president obama's war on business. >>> plus the president's ridiculous "you didn't build that" statement is coming back to bite him on the campaign trail. we'll talk to the deli man who catered president obama's visit yesterday but wore an angry message for the president. how interesting. -[ taste buds ] donuts, donuts! -who are these guys? -oh, that's just my buds. -bacon. -my taste buds. -[ taste buds ] donuts. how about we try this new kind of fiber one cereal? you think you're going to slip some fiber by us? okay. ♪ fiber one is gonna make you smile. ♪ [ male announcer ] introducing new fiber one nutty clusters and almonds. scroll... tap... pinch... and zoom... in your car. introducing the all-new cadillac xts with cue. ♪ don't worry. we haven't forgotten, you still like things to push. [ engine revs ] the all-new cadillac xts has arrived, and it's bringing the future forward. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500
he tells us exclusively how he'll go to prison because of president obama's war on business. >>> plus the president's ridiculous "you didn't build that" statement is coming back to bite him on the campaign trail. we'll talk to the deli man who catered president obama's visit yesterday but wore an angry message for the president. how interesting. -[ taste buds ] donuts, donuts! -who are these guys? -oh, that's just my buds. -bacon. -my taste buds. -[ taste buds ] donuts. how...
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Jul 27, 2012
07/12
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obama has no growth policies except to raise taxes and trash business. i don't understand the guy is in a lot of trouble. a lot of trouble. i don't understand what he thinks he's doing. >> i trashes romney because if people are focused on the economy they will see it's getting worse. consumer spending 1.5% when we were at 2.4. so it's going so badly and he knows that if voters are concentrated on that they are not going to vote for him so he's trying to distract them and talk about mitt romney and bain capital and taxes. >> it ain't working. >> it isn't. >> jimmy, i'll go to you. your our balance guy. >> all right. >> i'm completely neutral. you have a good sense of humor. the allo the lousy gdp report is the sort of my report tomorrow. barack obama keeps telling us as they did today things are moving in the right direction. the reality is things are moving south. the job story is slower, the retail sales are falling, the business investment is slowing down and the gdp is near recession. how is it that obama thinks things are getting better is going to s
obama has no growth policies except to raise taxes and trash business. i don't understand the guy is in a lot of trouble. a lot of trouble. i don't understand what he thinks he's doing. >> i trashes romney because if people are focused on the economy they will see it's getting worse. consumer spending 1.5% when we were at 2.4. so it's going so badly and he knows that if voters are concentrated on that they are not going to vote for him so he's trying to distract them and talk about mitt...
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Jun 26, 2012
06/12
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romney's business career is viewed more negatively. and obama's economic policies positively. that appears to be because of ads like this one president obama and his allies are using to accuse mr. romney of cutting so many american job that he would be, quote, the outsourcer in chief. one wild card, the supreme court's upcoming ruling on the law. the law remains marginally unpopular, but theism pact on voter preferences and intensity remains impossible to gauge after that thursday ruling, lar larry. >> thanks very much. very interesting numbers. up next on "kudlow" the north carolina democratic convention has a serious underwater cash flow problem. and in the modern clinton wing in the democratic party is deserting him in droves. our free market panel is waiting in the wings to take me on. i tell you, i think the clinton people are leaving the obama people and it's costing obama a lot of dough. stay with us. it's an interesting topic. [ male announcer ] introducing a powerful weapon in your fight against bugs. ortho home defense max. with a new continuous spray wand. and a fas
romney's business career is viewed more negatively. and obama's economic policies positively. that appears to be because of ads like this one president obama and his allies are using to accuse mr. romney of cutting so many american job that he would be, quote, the outsourcer in chief. one wild card, the supreme court's upcoming ruling on the law. the law remains marginally unpopular, but theism pact on voter preferences and intensity remains impossible to gauge after that thursday ruling, lar...
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May 15, 2012
05/12
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fifteen minutes could save you fifteen percent or more on car insurance. >>> president obama's busy attack being mitt romney's career as a capitalist. but just what kind of businessman is president obama himself? take a listen to mitt romney today. >> president obama is an old-school liberal whose first instinct is to see free enterprise as the villain and government as the hero. >> you know, mr. obama's running his own taxpayer funded private equity firm. crony capitalism. to people in os that haven'ted big money to his campaign, he's very helpful. here now is former vermont governor howard dean and rick lazzio, romney supportnd and former republican congressman from new york. this gets kind of ugly. you've got solyndra which was given money. that was a disaster. you've got light square given money. that it was a disaster. but i want your comments on the latest private ecpit donation of taxpayer money. this guy eric whitaker, university of chicago medical school, got $5.9 million, rick lazzio, he's a golfing buddy of the president's and -- and he is the guy who apparently was asked to giv
fifteen minutes could save you fifteen percent or more on car insurance. >>> president obama's busy attack being mitt romney's career as a capitalist. but just what kind of businessman is president obama himself? take a listen to mitt romney today. >> president obama is an old-school liberal whose first instinct is to see free enterprise as the villain and government as the hero. >> you know, mr. obama's running his own taxpayer funded private equity firm. crony capitalism....
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Jul 18, 2012
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why doesn't obama meet with his own business council? why does he just have fundraisers all the time? >> he's not doing that. i get what you're trying to do with the way you phrase things. "the president is only doing fund raising." we know he isn't. this is how many times they meet with the president. they had over 50 recommendations that are being implemented and worked through in the government albeit a slow process. it always is with government, any government, any administration. there were real solid recommendations by the job council that were good like speeding up the visa process so more people could come here as tourists who spend more money. they had specific recommendations being implemented and worked through. the director of omb is doing that. so the idea that he should just sit there with business guys and therefore something will happen is ridiculous. >> i hear you. good support for obama. i want to go to charlie black. he's had over the six-month period he's not met with his business council he had a hundred fundraisers.
why doesn't obama meet with his own business council? why does he just have fundraisers all the time? >> he's not doing that. i get what you're trying to do with the way you phrase things. "the president is only doing fund raising." we know he isn't. this is how many times they meet with the president. they had over 50 recommendations that are being implemented and worked through in the government albeit a slow process. it always is with government, any government, any...
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May 7, 2012
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a brand-new poll from investors business daily, it shows investors do prefer romney over obama, but only by 47 to 44. now, governor romney's intensity rather weak. only 37% described their support for romney as strong. and while over 2/3 of investors say investment income like capital gains should be taxed at a lower wage income, turns out a whopping 63% say they support buffett's rule, taxing millionaires. go figure. so we're going to try to sort this out. we have david goodfriend, michael steele, and we welcome back jennifer ruben, author of "the washington post" right turn blog. michael steele, in terms of sheer raw politics, republicans should carry the investor class vote by ten or 12 points. and that was the key to both of george w. bush's victories, especially 2004. they are the most likely to vote. they'll probably be 60% of the electorate. now, romney has a lead among registered voters and investors, but it's a small lead. what do you make of that and what's he missing? >> well, i think the first blush of it is that the investor class had with obama in 2008 is over. they're look
a brand-new poll from investors business daily, it shows investors do prefer romney over obama, but only by 47 to 44. now, governor romney's intensity rather weak. only 37% described their support for romney as strong. and while over 2/3 of investors say investment income like capital gains should be taxed at a lower wage income, turns out a whopping 63% say they support buffett's rule, taxing millionaires. go figure. so we're going to try to sort this out. we have david goodfriend, michael...
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Feb 23, 2012
02/12
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"investor's business daily" blames obama for killing keystone, stopping oil drilling from federal lands, nothing going on in alaska, nothing in the arctic, and its his fault. what's your response? >> i really love this one. republicans make this their big issue, i want a presidential race here. you know, whatever. but, you know, look at this. $4 per barrel oil in 2008. you remember that. not as though this is the first time we've seen it the other thing to remember, increased oil production under president obama in this administration, furthermore, you know this is the world price of oil. so let's drain it all. that will barely impact the world price of oil. you know that larry. if we had $2 a gallon gas and $4 every where else, what happens? they export it. you believe in the free market. that's what happens. >> i'm sympathetic to the world market rule of law of one. i want to ask about oil production under obama. most of the permits started when george w. bush ended the ban on offshore drilling and other things. should obama get credit for production he didn't start or obama get blame
"investor's business daily" blames obama for killing keystone, stopping oil drilling from federal lands, nothing going on in alaska, nothing in the arctic, and its his fault. what's your response? >> i really love this one. republicans make this their big issue, i want a presidential race here. you know, whatever. but, you know, look at this. $4 per barrel oil in 2008. you remember that. not as though this is the first time we've seen it the other thing to remember, increased...
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May 22, 2012
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the obama campaign has been going after the bain capital record, almost 4-1 they say romney's business experience is a help. >> and obama at a 58% chance of reelection. john harwood, thank you very much. >> so president obama is betting his bain attacks will win him points over mitt romney. if it was not clear before, people, it should be now. this election is all about the economy and who can fix it best. here now, matt miller, "washington post" columnist and center for american progress senior fellow. kevin williamson, author of "the dependency agenda" and our guest host for this evening. i liked, mark, what john had to say. americans are so locked in. why doesn't we just have the election tomorrow? is there anything anybody can say or do hon list that will sway anybody to the other side at this point? >> i don't think so. it's worse than it looks. the campaigns get the internal polls that are much more detailed. the obama administration frightened by what they saw. i've never seen this panic in may for an ibt. when you say bush had the same numbers, he's up against kerrey, hose cred
the obama campaign has been going after the bain capital record, almost 4-1 they say romney's business experience is a help. >> and obama at a 58% chance of reelection. john harwood, thank you very much. >> so president obama is betting his bain attacks will win him points over mitt romney. if it was not clear before, people, it should be now. this election is all about the economy and who can fix it best. here now, matt miller, "washington post" columnist and center for...
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Oct 10, 2012
10/12
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president obama has kept a short leash on american business with his regulatory and tax threats. that's why this guy from florida today was going crazy. but mike holland, as an investor, how are you playing this? i see opportunities galore. i'm in a very optimistic mood tonight. but i'm laser-like focusing in. here's in election, there's a predict revolution right in front of our noses and a lot of times we don't see it. if that's remotely true, what are you buying? >> you have to own the biggest quality companies that are at the lowest possible prices given just what you talked about. having said that, i want to pile on with david's comments about the world economy. china, the second largest economy, along with the u.s., the largest economy, is going to do things after their leadership change in november which they're going to get, which is going to produce an opportunity for the biggest companies which are trading at historical low valuations and they're going to make a ton of money. eight times forward earnings. >> mike holland, as an expert and director in china, will they co
president obama has kept a short leash on american business with his regulatory and tax threats. that's why this guy from florida today was going crazy. but mike holland, as an investor, how are you playing this? i see opportunities galore. i'm in a very optimistic mood tonight. but i'm laser-like focusing in. here's in election, there's a predict revolution right in front of our noses and a lot of times we don't see it. if that's remotely true, what are you buying? >> you have to own the...
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Apr 23, 2012
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i mean, if i were a -- you know, the head of a business, i'd be pretty happy with obama. the people who are unhappy, and i think have a right to be unhappy about the economy, are a lot of working people who have seen their wages go down, not because of obama, but because a lot of the ways in which big businesses have created more profits is by cutting payrolls. and the obama administration can't do anything and shouldn't do anything about that. but the real challenge ahead, bernie marcus and also larry kudlow, the real challenge ahead is aggregate demand. there's just not enough of it. you've got europe, you've got china shrinking in terms of slowing down, and you also have at the same time american consumers dipping into their savings, going deeper into debt. i worry, frankly, about a slowdown before election day. >> bernie marcus, what good would it do to -- >> let me -- let me go back to the earnings thing. yeah, you know what happened in 2008 when the economy tanked, most companies pulled in. they learned how to live with less people, they became more efficient. they'
i mean, if i were a -- you know, the head of a business, i'd be pretty happy with obama. the people who are unhappy, and i think have a right to be unhappy about the economy, are a lot of working people who have seen their wages go down, not because of obama, but because a lot of the ways in which big businesses have created more profits is by cutting payrolls. and the obama administration can't do anything and shouldn't do anything about that. but the real challenge ahead, bernie marcus and...
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Aug 21, 2012
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backlash over president obama's anti-business you didn't build that statement continues. yeah. new rasmussen polls show among entrepreneurs, mitt romney holds a 20-point advantage over president obama. let's now turn to ace pollster scoot rasmussen. scott, what did you make of this? small businessman want romney. if it was up to them, the election would be over. >> 56% would vote for romney, 36% would vote for obama. obama, by the way, counters that with a 17-point lead nong those who work for the government. on the public payroll, they support obama. entrepreneurs goes to the other direction. >> who's got the -- do private entrepreneurs have nor votes or public union workers? >> there are more entrepreneurs. and really, this defines the whole issue. what is your issue of what drives the economy? the entrepreneurial free enterprise system or is it the government? is is that's the deciding point in the election, it's very good news for mitt romney. >> if you ask me, it's the entrepreneurs. oh, i thought you were asking me a question. >> i knew that one. i knew how you would answ
backlash over president obama's anti-business you didn't build that statement continues. yeah. new rasmussen polls show among entrepreneurs, mitt romney holds a 20-point advantage over president obama. let's now turn to ace pollster scoot rasmussen. scott, what did you make of this? small businessman want romney. if it was up to them, the election would be over. >> 56% would vote for romney, 36% would vote for obama. obama, by the way, counters that with a 17-point lead nong those who...
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Feb 15, 2012
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buried deep in the obama budget is a massive $350 billion tax hike on business. that's right. it also includes $150 billion on offshore profits, another tax. these would be the biggest corporate tax hikes in the history of the earth. now, standing by to join us this evening, house budget chairman paul ryan. he's going to tell us how to stop all this and how to save america. but we begin tonight with some breaking news on another big tax story. this time we go back to the social security payroll tax holiday. we welcome back luke russert who joins us from capitol hill. i hear breaking news, the payroll tax holiday is moving forward, making progress in the conference. what can you tell me? >> that's right indeed, larry. the payroll tax holiday, there seems to be tentative agreement to extend that for the rest of the year. it will cost $100 billion to the national deficit. it will not be paid for. also within that bill there's a plan to attach unemployment insurance, as well as the medicare doc fix. there are important changes to both of those as to why it will get gop support in
buried deep in the obama budget is a massive $350 billion tax hike on business. that's right. it also includes $150 billion on offshore profits, another tax. these would be the biggest corporate tax hikes in the history of the earth. now, standing by to join us this evening, house budget chairman paul ryan. he's going to tell us how to stop all this and how to save america. but we begin tonight with some breaking news on another big tax story. this time we go back to the social security payroll...
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May 29, 2012
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size business, big business. i do. i want to use that experience to get us to work again. a. >> now, of course, team obama is trying to make mitt romney pay a price for the fact that he's attending a fund-raiser with donald trump tonight. donald trump was on our air this morning on "squawk box" repeating his questioning of president obama's birth certificate. but this is not a subject that mitt romney wants to deal with. in fact, he put out a statement saying he believes barack obama was born in the united states and he himself put out a new ad today that focuses squarely on the economy, answering the bain capital attacks by going after president obama's stimulus program. >> president obama is spending your tax dollars to create jobs. how's he doing? you've heard of solyndra. they took $535 million in taxpayer loan guarantees and went bankrupt. but that's not even half the story. >> reporter: but of course, larry, money is the name of the game for this trip. and even more important than the fund-raiser that mitt
size business, big business. i do. i want to use that experience to get us to work again. a. >> now, of course, team obama is trying to make mitt romney pay a price for the fact that he's attending a fund-raiser with donald trump tonight. donald trump was on our air this morning on "squawk box" repeating his questioning of president obama's birth certificate. but this is not a subject that mitt romney wants to deal with. in fact, he put out a statement saying he believes barack...
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Jul 24, 2012
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which was not taken out of -- when obama is saying of course people built their businesses. that's not what you spaent minute and a half saying. i think that lit a fire under this mitt romney. i haven't seen him hitting the trail he way he did -- >> i thought that was one of his strongest moments. it touched off. >> here's what i would say also if i'm romney. i'd say the reason i was successful at bain is because i am a turnaround guy. if you don't believe me, ask former obama guy steve ratner. and we can talk about bain all we want. when i left bain, i shouldn't be held responsible for what happened afterwards. what's your idea, mr. president? it seems president obama's idea -- >> what is his idea? out in oakland, california, where they have a 13.7% unemployment rate. he said my plan is working. what plan is working? what's working? i don't get any of that stuff. if he wants to say that, that's great. it'll cost him the election. >> i think if you go to detroit which is a real proof positive contrast. you have mitt romney saying he's so afraid of government doing things tha
which was not taken out of -- when obama is saying of course people built their businesses. that's not what you spaent minute and a half saying. i think that lit a fire under this mitt romney. i haven't seen him hitting the trail he way he did -- >> i thought that was one of his strongest moments. it touched off. >> here's what i would say also if i'm romney. i'd say the reason i was successful at bain is because i am a turnaround guy. if you don't believe me, ask former obama guy...
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Apr 3, 2012
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may i ask you, though, what about obama's speech? pretty nasty business bashing. he said businesses, all they want to do is make profits. we should raise taxes on rich people. what do investors? how do investors react when they hear the president come out with thosekins of statements? did that influence the market today? >> larry, the market i think was influenced primarily by the fed, which i agree with you, was bullish. the rhetoric, the populous tone of the president i don't think is instilling confidence in the market. these problems are universal and to bash business or bash entrepreneurs, and i don't think it's helping the market one bit. >> people see he has a lead. he's leading in the polls, the election not until november, obviously. but he has a lead in the polls and here he is coming out with this. doesn't seem to have a plan of his own. nobody watching him wants to deal with his budget. a lot of tax hikes, bashing oil companies. and that's kind of been an issue to me, ron. we don't -- investor class thinks about the impact of the election on the stashg
may i ask you, though, what about obama's speech? pretty nasty business bashing. he said businesses, all they want to do is make profits. we should raise taxes on rich people. what do investors? how do investors react when they hear the president come out with thosekins of statements? did that influence the market today? >> larry, the market i think was influenced primarily by the fed, which i agree with you, was bullish. the rhetoric, the populous tone of the president i don't think is...
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Jul 26, 2012
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not a phony business as president obama says. he built that real business. >> he didn't build it on his ow inherited it from his father. >> all right. his father built the business. >> it's a good franchise. one important thing in the dialogue over this because, again, uh'm in favor of equal treatment of gays. i think it is shameful america doesn't. but there is no indication that chick-fil-a bars or bans gay employees or customers. that's worth keeping in mind. they are good businessmen. >> rick santorum, let me come back to you. there are great headlines in some of my favorite conservative websites that rahm emanuel who was quick to beat up on chick-fil-a for what cathy said, he's embracing louis farrakan to get help for the situation in chicago. they are totally anti-gay and totally antisemitic. why did rahm emanuel make a big stink about their opinions? >> you make a great point there. if you look at one group of people that is as anti-gay as anybody you look at the radical islamists. in iran, if you are found to be gay, you
not a phony business as president obama says. he built that real business. >> he didn't build it on his ow inherited it from his father. >> all right. his father built the business. >> it's a good franchise. one important thing in the dialogue over this because, again, uh'm in favor of equal treatment of gays. i think it is shameful america doesn't. but there is no indication that chick-fil-a bars or bans gay employees or customers. that's worth keeping in mind. they are good...
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Aug 23, 2012
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president obama is promising that in january the tax on small business goes above 40%. that kills growth, kills jobs by plugging loopholes which are enjoyed by higher income individuals. you are reducing their ability to shelter their income from taxation. therefore more of the income is subject to taxation and that allows us to lower tax rates for everybody in america. families, small businesses, it gets a competitive system, a simple system, one that's wired for economic growth. >> look. i have been a supply sider my whole career. i agree with the economic growth incentives and i know you do, too. in terms of the numbers, you will have this problem. uh worked for reagan and everybody went after his numbers. you have a trillion in tax deductions you could eliminate. that's marty feldstein's number. >> annually, yeah. >> that includes everything. that would include removing tax deductions for the middle class as well. goo goolsbee and others say you will have a $4 trillion hole. you make up some of it from economic growth. some of it by limiting the deductions to the up
president obama is promising that in january the tax on small business goes above 40%. that kills growth, kills jobs by plugging loopholes which are enjoyed by higher income individuals. you are reducing their ability to shelter their income from taxation. therefore more of the income is subject to taxation and that allows us to lower tax rates for everybody in america. families, small businesses, it gets a competitive system, a simple system, one that's wired for economic growth. >>...
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Jun 14, 2012
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we'll tell you how banishing obama care is bullish for business. we begin tonight with the dueling campaign speeches in ohio. president obama using a stop in cleveland to re-energize his base and restate his economic message. mitt romney countering the president's proposals during a campaign stop in cincinnati. our own cnbc's chief washington correspondent john harwood joins us with all the details. good evening, john. >> good evening, larry. in a race this close you've got a serious cat and mouse game being played by the candidates. president obama schedules a speech in cleveland. mitt romney in cincinnati. accelerates the timing so he speaks before president obama, a prebuttal, if you will. he said to voters it's easy to judge this president. think about the last three years and look at the record. >> now you may have heard that president obama is on the other side of the state and he's going to be delivering a speech on the economy. he's doing that because he hasn't delivered a recovery for the economy. and he's going to be a person of eloquence
we'll tell you how banishing obama care is bullish for business. we begin tonight with the dueling campaign speeches in ohio. president obama using a stop in cleveland to re-energize his base and restate his economic message. mitt romney countering the president's proposals during a campaign stop in cincinnati. our own cnbc's chief washington correspondent john harwood joins us with all the details. good evening, john. >> good evening, larry. in a race this close you've got a serious cat...
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the biggest thing is the supreme court ruling on obama care. businesses could wait. people could wait and they waited for that ruling to come. the uh economy is still growing. they can't wait forever. they have to produce. but i definitely think the lull we had was about that. >> all right. interesting point. what about the fed, the ecb? do we need easy money to continue the rally? how do you see it playing out? >> well, you need to separate the economy from the market. we are up almost 10% off the lows when draghi made comments over the weekend talking about that he's going to do everything it takes. a lot of the new information, the information is already priced into the market. so you need to separate that. i don't think right now today is a great place to go buying this market. in fact, i took a lot off and end up this week short the market because i think we'll have a pull-back. spain is not going to raise the hand and say we need a bailout until they have no other choice. if you see they have $30 billion for bankia, that's the way they are trying to do it now.
the biggest thing is the supreme court ruling on obama care. businesses could wait. people could wait and they waited for that ruling to come. the uh economy is still growing. they can't wait forever. they have to produce. but i definitely think the lull we had was about that. >> all right. interesting point. what about the fed, the ecb? do we need easy money to continue the rally? how do you see it playing out? >> well, you need to separate the economy from the market. we are up...
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do you want to take a whack at the romney versus obama stock market business? >> it's about holding it together. both sides of the aisle achieved it. that was a contribution from both of them that it didn't collapse. that's what you will see in europe. a belief that draghi set out a plan that can stop europe falling apart. it was a backstop against the tail risk that the euro zone would fall apart. >> can uh you help me on a couple of things? conditional ti. does that mean they have to live up to fiscal conditions? or will he buy spanish bonds come hell or high water? >> in the news conference it was hammering again about conditional ti. this is a plan that tries to bring all of europe with the exception of the bank president to another place. he had to sacrifice a lot. if spain asks for a bailout, if the germans are willing to offer a bailout, that could create chaos and turmoil moving forward. you see a strong rally today. he's handing it over. >> this is a double edged sward. is it, number number two, they say they will sterilize the bond purchase meaning wh
do you want to take a whack at the romney versus obama stock market business? >> it's about holding it together. both sides of the aisle achieved it. that was a contribution from both of them that it didn't collapse. that's what you will see in europe. a belief that draghi set out a plan that can stop europe falling apart. it was a backstop against the tail risk that the euro zone would fall apart. >> can uh you help me on a couple of things? conditional ti. does that mean they have...
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business is looking at obama care, and i invest in small emerging companies these days. they are worried to death about the implications of obama care and what it means for them and the taxes. i was with a guy, a black guy who develops real estate in the inner city of boston. he said i won't be taxed in the new obama tax rate in the mid-3s. that hurts me because i pay the individual rate as a corporation, and then on top of that, and then i didn't even know that, there's going to be a 3.8% tax on refer real estate transaction. >> and every investment. >> who the hell is is going to pay for this? >> you're a banker and an investment guy. if you sell your house, you're going to have to pay the 3.8% surtax on top of the payroll tax. that's really not a good thing. it should be wiped out. >> and, again, these are things that kill growth. >> could i get you to come over on this side? >> we absolutely need tax reform overhaul. we could pick each one, whether it's loopholes. >> again, governor romney has laid out a plan. he's going to make our tax system like the system in the
business is looking at obama care, and i invest in small emerging companies these days. they are worried to death about the implications of obama care and what it means for them and the taxes. i was with a guy, a black guy who develops real estate in the inner city of boston. he said i won't be taxed in the new obama tax rate in the mid-3s. that hurts me because i pay the individual rate as a corporation, and then on top of that, and then i didn't even know that, there's going to be a 3.8% tax...
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a small business subchapter s may be at 40% or 44% with obama care, while the c-corp rate goes down to 28%. now there's something wrong with that picture. >> there's definitely something wrong with that picture. we have to keep in mind that the c-corps, they pay off dividends, they're subject to double taxation, which obama wants to much o tofr 40%. here's what's really ironic of what happened in washington. the president just bought the big crony capitalist and they all said, yes, we should raise tax rates on their small business competitors. i think that's outrageous to have these cronyists figuring out ways to hurt the small and upcoming business, the ones that create the net new jobs in the economy. i think if republicans had any brains, they would say let's slap a 20% exice tax on the salary of ceos that endorse. >> you're aing the big boys, the big boys, they're happen to see -- that would put the future big business out of business. is that what you're saying? the business round table is guilty of this and they're in cahoots with president obama. >> i don't think they're doing i
a small business subchapter s may be at 40% or 44% with obama care, while the c-corp rate goes down to 28%. now there's something wrong with that picture. >> there's definitely something wrong with that picture. we have to keep in mind that the c-corps, they pay off dividends, they're subject to double taxation, which obama wants to much o tofr 40%. here's what's really ironic of what happened in washington. the president just bought the big crony capitalist and they all said, yes, we...
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you have all the small businesses, big businesses. i want to hear it. >> that's the interesting thing. you know how barack obama is always talking about how we are not good for the economy or somehow our solutions don't fit with his vision. the bottom line is too many people are disappointed now at the anemic economy. >> 1.7% gdp today. that's how bad it is. >> this is what the convention is about. this is what our party is about. mitt romney and paul ryan are about saying, hey, we cannot accept that as the new norm. we have to reclaim the mantle of growth. america has to continue to lead the world. we have a prescription to do it. i think you will hear it tonight. >> i like the idea of getting spending down as a share of gdp from 25% to 20%. that is, in effect, a tax cut. stop robbing the private sector of all the resources. milton friedman used to say spending is the real tax. i'm not hearing it. again, 25% to 20% is vital. let's hear it. >> absolutely. as you correctly point out, the 20% revenues as a percentage of gdp has been the
you have all the small businesses, big businesses. i want to hear it. >> that's the interesting thing. you know how barack obama is always talking about how we are not good for the economy or somehow our solutions don't fit with his vision. the bottom line is too many people are disappointed now at the anemic economy. >> 1.7% gdp today. that's how bad it is. >> this is what the convention is about. this is what our party is about. mitt romney and paul ryan are about saying,...
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if they want to raise taxes on business creators and cause further slow down vote for president obama. if they want the economy to come back with good jobs they ought to vote for me, in my view and whichever president is elected ought to get at least six months or a year to get policies in place. let's extend where we are now as opposed to looking at a cliff in january that would cause real distress for the economy and perhaps lead to the kind of outcome you suggest. >> what do you think president obama meant if you've got a business you didn't build it, someone else made it happen. he claims it's taken out of context. what do you think it means? do you think this is anti-business, anti-entrepreneur or maybe he's been treated unfairly? >> well, read the whole speech. i found the speech even more disconcerting than just that line. the context is worse than the quote. the context he says, you know, you think you've been successful because you're smart but he says a lot of people are smart. you think you have been successful because you work hard. a lot of people work hard. this is an id
if they want to raise taxes on business creators and cause further slow down vote for president obama. if they want the economy to come back with good jobs they ought to vote for me, in my view and whichever president is elected ought to get at least six months or a year to get policies in place. let's extend where we are now as opposed to looking at a cliff in january that would cause real distress for the economy and perhaps lead to the kind of outcome you suggest. >> what do you think...
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creates jobs and obama likes jobs but doesn't like business? >> i think, larry, that the public is hungry for leadership. they know there is entitlement mess. they know the only person talking about fixing the entitlements in a responsible way is mitt romney. the president has punted on this. unfortunately. you've got another trillion deficit that the president's put forward, the third straight trillion deficit that he has put forward that isn't sustainable. he's got no growth package at all. we've got sub-par growth. we're creating far fewer jobs than we should at this point in a recovery, given the depth of the recession. and we've got romney talking about eliminating uncertainty, promoting the private sector, lowering taxes, and creating more impetus for growth. >> well, this is the first round. this is romney versus obama. this was round one. we'll see the subsequent rounds. howard dean, thank you. as always, rick lazio, great to see you. coming up on "kudlow," rising republican superstar and strong romney backer, south carolina governor ni
creates jobs and obama likes jobs but doesn't like business? >> i think, larry, that the public is hungry for leadership. they know there is entitlement mess. they know the only person talking about fixing the entitlements in a responsible way is mitt romney. the president has punted on this. unfortunately. you've got another trillion deficit that the president's put forward, the third straight trillion deficit that he has put forward that isn't sustainable. he's got no growth package at...
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what's coming up with potential obama care tax effect and cost factors on businesses on main street? >> i get that. but jennifer, you heard that clip. the clip's not the whole story. we're not in mississippi. so we don't get the whole speech. but did it sound like he was punching away as he must, or did it sound like he was just giving a rote line? >> i think he's going to have to embellish that a little bit. there's a big argument going on. is the economy getting better because of what obama is doing or in spite of what he's doing? obviously, romney's going to make the latter argument and he's going to say listen, if we got rid of some of these regulations, if we put in place my tax cuts which he rolled out just like you wanted in michigan, if we got rid of obama care this economy would take off. we're still stuck at 8.3 unemployment and five years ago if you said 8.3 unemployment you'd say no president can get elected with -- >> keith, is the economy doing better? and i'll acknowledge job creation is doing better. that's great for america. is it because off bama or in spite of obam
what's coming up with potential obama care tax effect and cost factors on businesses on main street? >> i get that. but jennifer, you heard that clip. the clip's not the whole story. we're not in mississippi. so we don't get the whole speech. but did it sound like he was punching away as he must, or did it sound like he was just giving a rote line? >> i think he's going to have to embellish that a little bit. there's a big argument going on. is the economy getting better because of...
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president obama is smiling, i'm not. here is another, congress nooting an idea for an investor tax class rates for 401 k plans. it's a outrage. the country needs more saving and and investment, don't tax it. fail on immigration with no clear immigration policy, arizona state rights will be put to the test, and the controversial immigration law is heard by the supreme court, south carolina attorney general whose law is similar to arizona, alabama, missouri, texas, and georgia, he will join us to make the state's right case. we begin with the nlrb power graph. that's the national relations labor relations board, they got the green light to allow ambush in the next ten days. i see it as an assault on business. let's talk. cnbc contributor bob lutz, form erp general motors vice chair, and greg judamin, he was an organizer at the afl-cio. welcome to the show. i know we will disagree. but to me, a ten-day election notice makes to sense for business or frankly to educate the very work force that might unionize. >> the thing, th
president obama is smiling, i'm not. here is another, congress nooting an idea for an investor tax class rates for 401 k plans. it's a outrage. the country needs more saving and and investment, don't tax it. fail on immigration with no clear immigration policy, arizona state rights will be put to the test, and the controversial immigration law is heard by the supreme court, south carolina attorney general whose law is similar to arizona, alabama, missouri, texas, and georgia, he will join us to...
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but that didn't stop president obama from pitting business against the american people pitching some class warfare and some bad energy economics. take a listen. >> we're going to put every single member of congress on record. they can either stand up for the oil companies, or they can stands up for the american people. >> as i said, one of the culprits but also one of the victims in all of this are refiners. in just a moment, we're going to talk with them about why they blame president obama for the high gas prices. >>> meanwhile, sizzle number two, 24 hours before the polls close in in illinois, it looks like another romney sweep. to me, he looks unstoppable. but santorum's not backing down. take a listen. >> i don't care what the unemployment rate's going to be. it doesn't matter to me. my campaign doesn't hinge on unemployment rates and growth rates. >> and folks, apple issues a new dividend plan, a stock buyback. the stock went up today to close above 600 bucks. but besides techs, what about banks which also climbed? >>> but we begin tonight with one key component in this fight t
but that didn't stop president obama from pitting business against the american people pitching some class warfare and some bad energy economics. take a listen. >> we're going to put every single member of congress on record. they can either stand up for the oil companies, or they can stands up for the american people. >> as i said, one of the culprits but also one of the victims in all of this are refiners. in just a moment, we're going to talk with them about why they blame...
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. >> obama does have a tax plan, he wants to raise taxes on small business owners, raise taxes on business and raise taxes on entrepreneurs and raise taxes. >> the obama job plan is sitting in congress, it's inactive, nothing's happening on that front, the president's just going to let these tax cuts expire, so this really comes down to the ideological choice for voters as an alternative or is it more of the same. >> obama -- even if he loses, he wants to raise tax rates on the upper income and he's willing to let all taxes go up north to get that. now mitt romney is a leader. mitt romney is a deal maker. do you think romney will say you're going to foster a recession with your attitude on this fiscal cliff? >> look at the attitude on the campaign trail, romney has a debt clock behind him, he's with boehner all the time, he wants to talk about the debt. >> i don't want to talk about debt, i want to talk about growth, growth, growth. >>> paul ryan says the president wants us to have four more years of the same, can we afford it? the numbers out from the congressional research service, they
. >> obama does have a tax plan, he wants to raise taxes on small business owners, raise taxes on business and raise taxes on entrepreneurs and raise taxes. >> the obama job plan is sitting in congress, it's inactive, nothing's happening on that front, the president's just going to let these tax cuts expire, so this really comes down to the ideological choice for voters as an alternative or is it more of the same. >> obama -- even if he loses, he wants to raise tax rates on...
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coming up, president obama's on an angry, negative bullying spree against the supreme court, business, paul ryan, and looks like anybody else who gets in his way. how damaging is his nixon-esque enemies list? i wonder if i can make the enemies list? what a thrill. guys. come here, come here. [ telephone ringing ] i'm calling my old dealership. [ man ] may ford. hi, yeah. do you guys have any crossovers that offer better highway fuel economy than the chevy equinox? no, sorry, sir. we don't. oh, well, that's too bad. [ man ] kyle, is that you? [ laughs ] [ man ] still here, kyle. [ male announcer ] visit your local chevy dealer today. right now, very well qualified lessees can get a 2012 equinox ls for around $229 a month. >>> welcome back to the "kudlow report." i'm larry kudlow. so this is a good list. you know you're having a bad week when you try to intimidate the supremes and the courts bully you right back. you slam the gop for having a trojan horse budget plan and they blast you for having no plan at all. >> i'd be willing to consider the president's plan. but he doesn't have one
coming up, president obama's on an angry, negative bullying spree against the supreme court, business, paul ryan, and looks like anybody else who gets in his way. how damaging is his nixon-esque enemies list? i wonder if i can make the enemies list? what a thrill. guys. come here, come here. [ telephone ringing ] i'm calling my old dealership. [ man ] may ford. hi, yeah. do you guys have any crossovers that offer better highway fuel economy than the chevy equinox? no, sorry, sir. we don't. oh,...
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president obama now wants a secretary of business. ap-mitt romney's response is, hey, listen, i'm doing it. i got 25 seconds. i know how to get business. the other guy wants a secretary of business. this is the weirdest darn thing i've ever heard. >> well, remember, bloomberg fancies himself as a presidential candidate not once but several times. we don't need another government agency. >> indeed we don't. you have that totally right. and you did it right in the middle of the time frame. >> i agree. how about that? >> terrific. you're very honest tonight. that's it for tonight's show. thanks for watching. larry kudlow. president obama: there's just no quit in america... and you're seeing that right now. over five million new jobs. exports up forty one percent. home values... rising. our auto industry... back. and our heroes are coming home. we're not there yet, but we've made real progress and the... last thing we should do is turn back now. here's my plan for the next four years: making education and training a national priority; bui
president obama now wants a secretary of business. ap-mitt romney's response is, hey, listen, i'm doing it. i got 25 seconds. i know how to get business. the other guy wants a secretary of business. this is the weirdest darn thing i've ever heard. >> well, remember, bloomberg fancies himself as a presidential candidate not once but several times. we don't need another government agency. >> indeed we don't. you have that totally right. and you did it right in the middle of the time...
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instead, he was too busy bashing successful people. in just a moment, the dnc and the rnc are going to face off on the president's mayday preview. >>> also this evening another new york sometimes piece on business, this time targeting apple for legal tax planning. now, folks, the world's largest company paid $8 billion in taxes last year. they're responsible for 47,000 jobs in the u.s. probably another 250,000 support jobs. wouldn't you leave for a low-tax state yourself? where is that news? >>> plus, there is a key economic debate tonight. should we be scared of an economic down shift, or is all this talk of america in decline just that, only talk. all right. we begin with the president's speech. it's unclear if he was in presidential mode or campaign mode or what. either way, he unleashed another soak the rich volatile and class warfare. listen to mr. obama early today. >> if you ask them what is their big economic plan in addition to tax cuts for rich folks, it's dismantling your unions. >> that's just one of the lines from the pres
instead, he was too busy bashing successful people. in just a moment, the dnc and the rnc are going to face off on the president's mayday preview. >>> also this evening another new york sometimes piece on business, this time targeting apple for legal tax planning. now, folks, the world's largest company paid $8 billion in taxes last year. they're responsible for 47,000 jobs in the u.s. probably another 250,000 support jobs. wouldn't you leave for a low-tax state yourself? where is that...
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Sep 5, 2012
09/12
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small businesses file as individuals. clinton is the man who lowers the capital gains tax rate. >> the tax issue -- >> president obama would raise it. >> it's a fundamental issue for the country. >> uh i agree with that. >> do people making over a million dollars need a tax cut? they get one. up to 250,000 people continue with the lower bush rates. over 250 you go back to the clinton rates. >> it's amazing that 250 has become a millionaire. if you're a working family with a man and a woman working and two kids and you're making $250,000 as a couple i don't think you think you are a millionaire or a billionaire. >> the issue here is balance. are we going to bring down the debt with a balanced approach where we ask everybody to contribute? the pentagon has to contribute. taxpayers have to contribute. democrats have to be willing to make decisions on health care reform. president made it clear. the republicans in congress have stone walled. paul ryan had a shot at voting for bowles simpson, forcing democrats and republicans
small businesses file as individuals. clinton is the man who lowers the capital gains tax rate. >> the tax issue -- >> president obama would raise it. >> it's a fundamental issue for the country. >> uh i agree with that. >> do people making over a million dollars need a tax cut? they get one. up to 250,000 people continue with the lower bush rates. over 250 you go back to the clinton rates. >> it's amazing that 250 has become a millionaire. if you're a...
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Sep 20, 2012
09/12
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tony, great editorial in invest's business editorial. this is not the first time, that was 1998 for his redistribution thing. but what they chronicle is in 2001 he went through a whole speech where he bragged how you can have coalitions in government and redistribute. then he comes back as we all know in 2008 when he told joe the plumber, i think when you spread to the wealth around it's good for everybody. the pattern is there, he's said it many times over ten years, why didn't people get this? why didn't people understand that this is what he's all about? >> many people got it, it's a question of who reported i. with a new media, hearing a lot of radio like you do, is the vetting by the president. the lack of vetting by this main stream media, that was complicit in getting him elected but didn't know anything about him. that requires investigative journalism. >> i know for two or three days the joe the plumber remark, what did he say, we have to spread the wealth around, that was one of the most important statements of his philosophy a
tony, great editorial in invest's business editorial. this is not the first time, that was 1998 for his redistribution thing. but what they chronicle is in 2001 he went through a whole speech where he bragged how you can have coalitions in government and redistribute. then he comes back as we all know in 2008 when he told joe the plumber, i think when you spread to the wealth around it's good for everybody. the pattern is there, he's said it many times over ten years, why didn't people get...
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Mar 9, 2012
03/12
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there's no free market capitalism in obama care. forty years ago, he wasn't looking for financial advice. back then, he had something more important to do. he wasn't focused on his future but fortunately, somebody else was. veterans and their families. now more than ever, it's important to get financial advice from people who share your military values. call now for our free guide and tips on planning for your retirement this tax season. what do you mean? your grass, man. it's famished! just two springtime feedings with scotts turf builder lawn food helps strengthen and protect your lawn from future problems. thanks scott. [ scott ] feed your lawn. feed it. mber the day my doctor told me i have an irregular heartbeat,anks scott. and that it put me at 5-times greater risk of a stroke. i was worried. i worried about my wife, and my family. bill has the most common type of atrial fibrillation, or afib. it's not caused by a heart valve problem. he was taking warfarin, but i've put him on pradaxa instead. in a clinical trial, pradaxa 150
there's no free market capitalism in obama care. forty years ago, he wasn't looking for financial advice. back then, he had something more important to do. he wasn't focused on his future but fortunately, somebody else was. veterans and their families. now more than ever, it's important to get financial advice from people who share your military values. call now for our free guide and tips on planning for your retirement this tax season. what do you mean? your grass, man. it's famished! just...
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Jul 10, 2012
07/12
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chicago booth school of business, former chair council of economic advisers under president obama. good evening, austin. >> also with us, jim demint. mr. defint, if i may begin with you. according to the joint tax committee, 940,000 taxpayers essentially representing small business people will be affected by this tax hike. and according to the brookings institute, the number is actualactual ly 1.25 million will be taxed if their success in small business. how is this going to help the economy? >> well, larry, it won't. mr. goolsby and the president promised by this time our unemployment rate would be 5.6%. obviously they don't know what they're doing when it comes to creating jobs. the issue is it's a quarter of america's work force working for those people who are likely to get a pink slip, at least some of them, when the president gives them a new tax bill. so the president is focused on the things that are going to hurt job almost every time he's opening his mouth, he's playing politics to try to distract attention from his impact on our economy. >> austin, you heard what senato
chicago booth school of business, former chair council of economic advisers under president obama. good evening, austin. >> also with us, jim demint. mr. defint, if i may begin with you. according to the joint tax committee, 940,000 taxpayers essentially representing small business people will be affected by this tax hike. and according to the brookings institute, the number is actualactual ly 1.25 million will be taxed if their success in small business. how is this going to help the...
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Oct 15, 2012
10/12
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obama. >> now, let's switch gears and turn to my exclusive sri with charles schwab, thank you very much for coming on, appreciate it. >> i'm a great fan of yours and watch you every night on my treadmill. >> you're wonderful. i appreciate that. i really do. i have been reading your op-ed pieces. you have endorsed mitt romney. please tell us why. >> i think it's such a critical election, a turning point for the country. the last thing i can do is leave my kids hopefully a change in the administration. >> what were you looking for in this? you have obama, you have romney. it's a very close race. what are you looking for in the romney camp that's pushed you into his endorsement? >> it's all about economics for me, how this country has to return to its founding principles, frankly. it's about free enterprise, about the right to grow, right to do things that we've lost. we've lost that zest. we are in a funk right now. i hope we can restore that position to growth and i think the romney-ryan tick
obama. >> now, let's switch gears and turn to my exclusive sri with charles schwab, thank you very much for coming on, appreciate it. >> i'm a great fan of yours and watch you every night on my treadmill. >> you're wonderful. i appreciate that. i really do. i have been reading your op-ed pieces. you have endorsed mitt romney. please tell us why. >> i think it's such a critical election, a turning point for the country. the last thing i can do is leave my kids hopefully a...
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Jun 8, 2012
06/12
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and there are business implications too. a news alert is coming up next. tdd# 1-800-345-2550 let's talk about the personal attention tdd# 1-800-345-2550 you and your money deserve. tdd# 1-800-345-2550 at charles schwab, that means taking a close look at you tdd# 1-800-345-2550 as well as your portfolio. tdd# 1-800-345-2550 we ask the right questions, tdd# 1-800-345-2550 then we actually listen to the answers tdd# 1-800-345-2550 before giving you practical ideas you can act on. tdd# 1-800-345-2550 so talk to chuck online, on the phone, tdd# 1-800-345-2550 or come in and pull up a chair. support team usa and show our olympic spirit right in our own backyard. so we combined our citi thankyou points to make it happen. tom chipped in 10,000 points. karen kicked in 20,000. and by pooling more thankyou points from folks all over town, we were able to watch team usa... [ cheering ] in true london fashion. [ male announcer ] now citi thankyou visa card holders can combine the thankyou points they've earned and get even greater rewards. ♪ a living, breathing intel
and there are business implications too. a news alert is coming up next. tdd# 1-800-345-2550 let's talk about the personal attention tdd# 1-800-345-2550 you and your money deserve. tdd# 1-800-345-2550 at charles schwab, that means taking a close look at you tdd# 1-800-345-2550 as well as your portfolio. tdd# 1-800-345-2550 we ask the right questions, tdd# 1-800-345-2550 then we actually listen to the answers tdd# 1-800-345-2550 before giving you practical ideas you can act on. tdd#...
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Jun 1, 2012
06/12
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business confidence is lost. so it is true, senator johnson, you can't pick up a paper, you can't have a ceo on this network, cnbc, that doesn't say they don't know what their tax picture is. obama care is a tax picture. you have a lot of hidden taxes on investors. you've got the millionaires tax. but most of all, senator johnson, why is it not possible to extend -- and i'm calling them the bush-obama tax cuts. you know why? because as you recall, in 2010, in december, obama signed on to what we used to call the bush tax cuts. he would be a hero now, he would bail out mark penn's polls if he signed on to those tax cuts and generated some business certainty that carly is talking about. ron johnson, let's not worry about that stuff. let's focus on the extending tax cuts and maybe a little keystone pipeline also. >> that would help. >> and obviously, larry, we should not be raising taxes on anybody in this weak economy. and i agree with carly. it is about uncertainty. but it's even worse than that. we have a preside
business confidence is lost. so it is true, senator johnson, you can't pick up a paper, you can't have a ceo on this network, cnbc, that doesn't say they don't know what their tax picture is. obama care is a tax picture. you have a lot of hidden taxes on investors. you've got the millionaires tax. but most of all, senator johnson, why is it not possible to extend -- and i'm calling them the bush-obama tax cuts. you know why? because as you recall, in 2010, in december, obama signed on to what...
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Dec 6, 2012
12/12
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president obama goes before business leaders and says "we could get this done in a week" when it comes to the fiscal cliff. but tim geithner just told cnbc that we're going to go over the cliff unless tax rates go up. at the same time, two dozen republican house members signed a bipartisan letter with democrats defecting from the boehner plan. in the meantime, a nice game for the day for the dow, but a stunning selloff for apple. do you know what? fiscal cliff or not, the s&p 500 is up 12% year to date. that is a handsome gain for investors, an optimistic year, believe it or not. and we already bailed out detroit's auto industry. but now, at least one motown politician is telling president obama he should bail out detroit bankrupt city government, too. this sure isn't the free market, and i asked why should a texas taxpayer bail out detroit? >>> breaking news from syria, and it is a blockbuster. the assad regime is walking and loading its chemical weapons, ready to use them on its own people. nbc's chief pentagon correspondent joins us now. jim, is this the red line president obama was
president obama goes before business leaders and says "we could get this done in a week" when it comes to the fiscal cliff. but tim geithner just told cnbc that we're going to go over the cliff unless tax rates go up. at the same time, two dozen republican house members signed a bipartisan letter with democrats defecting from the boehner plan. in the meantime, a nice game for the day for the dow, but a stunning selloff for apple. do you know what? fiscal cliff or not, the s&p 500...
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Jun 27, 2012
06/12
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actually, team obama is polling well on this business. does mr. romney have a response to the outsourcer in chief charge? there are a lot of responses i can see. today, did you hear him respond at all to that charge? >> no, because he's not going to respond to every lame excuse barack obama gives for why the economy is not doing well. he is talking about turning around the salt lake city olympics, creating jobs when he was in the private sector, going from 50th to 30th as governor of massachusetts and talking about specific policies. reducing the tax burden and the regulatory burden on entrepreneurs. getting the e.p.a. and other regulators off the back of the energy industries which is killing us in virginia. the attack on natural gas and coal and nuclear. he's talking about the positive vision and won't respond to every little attack the obama people come up with because they can't run on their failed record of leadership. >> talk about the epa. they are in the news. federal court has given the epa the go ahead to regulate greenhouse gases. they
actually, team obama is polling well on this business. does mr. romney have a response to the outsourcer in chief charge? there are a lot of responses i can see. today, did you hear him respond at all to that charge? >> no, because he's not going to respond to every lame excuse barack obama gives for why the economy is not doing well. he is talking about turning around the salt lake city olympics, creating jobs when he was in the private sector, going from 50th to 30th as governor of...